Godawari Power & Ispat Reports Record FY26 Output; Receives Consent for 6.91 MW Power Plant

Godawari Power & Ispat Limited (GPIL) has reported record production across its key business segments for the financial year 2025-26, while also receiving regulatory approval for its waste heat recovery-based power project. The developments highlight the company’s continued focus on operational efficiency and capacity optimisation.

The company has received Consent to Operate on April 2, 2026, from the Chhattisgarh Environment Conservation Board for its 6.91 MW Waste Heat Recovery-Based Power Plant. The facility is located at the Siltara Industrial Area in Raipur, Chhattisgarh, within the company’s existing integrated steel plant. This power plant will utilise waste heat from flue gases generated by the pellet plant and ferro alloys division, improving energy efficiency and reducing environmental impact.

On the operational front, GPIL achieved its highest-ever production levels across major segments in FY26. Iron ore mining output increased to 27.49 lakh metric tonnes from 23.42 lakh metric tonnes in FY25. Iron ore pellet production also rose to 28.56 lakh metric tonnes compared to 24.49 lakh metric tonnes in the previous year. Sponge iron (DRI) production stood at 6.50 lakh metric tonnes, up from 5.94 lakh metric tonnes.

Among value-added products, steel billets remained largely stable at 4.77 lakh metric tonnes versus 4.88 lakh metric tonnes in FY25. Wire rods production increased to 2.31 lakh metric tonnes from 2.24 lakh metric tonnes, while HB wires saw a marginal rise to 1.01 lakh metric tonnes from 1.00 lakh metric tonnes. Power generation also improved, reaching 86.58 crore units compared to 83.45 crore units in the previous financial year.

Despite the broader market weakness, GPIL’s stock was in focus. On April 2, Indian benchmark indices opened lower, with the Nifty 50 declining 2.04 per cent to 22,261 amid a market sell-off. During the session, GPIL shares were trading lower by 2.80 per cent at Rs 270 around 11:30 AM.

Godawari Power & Ispat is an integrated steel manufacturing company engaged in iron ore mining and the production of value-added steel products such as pellets, sponge iron, billets and wire rods. The company also operates captive power generation facilities to support its manufacturing operations. It has a strong presence in Chhattisgarh and continues to focus on backward integration and expanding its product portfolio.

The company has a market capitalisation of Rs 18,147 crore. It has delivered a 3-year average return on equity (ROE) of 20.2 per cent. Over the past five years, GPIL has reported sales growth of 10 per cent and profit growth of 36 per cent, reflecting steady financial performance.

The stock has touched a 52-week high of Rs 290 on October 29, 2025, and a 52-week low of Rs 168 on April 7, 2025.

Disclaimer: The article is for informational purposes only and not investment advice.